Atlantic Pacific targets public sites for Miami-Dade’s affordable housing expansion
Atlantic Pacific Companies is bringing hundreds of affordable housing units to publicly owned sites in Miami-Dade County across two land-lease deals. The Boca Raton-based firm plans 364 income-restricted apartments on part of a school property that it is leasing from Miami-Dade County Public Schools. And it’s building 250 apartments on a county-owned public housing site in Overtown. In the deal with the school district, Atlantic Pacific is entering a 99-year lease for 10 acres at 11700 Southwest 216th Street, the Miami Herald reported. The developer will pay the school district $12.7 million. The property is part of the Arthur and […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Every servicing exception needs an owner and a clock

How equity buyouts work in a divorce refinance

Mystery buyer of Golden Beach mansion has the town talking. Is it Jeff Bezos?

Russell Galbut scraps three Live Local Act projects in Miami Beach amid state law opposition

Bidding Wars Fade Across Texas as Most Buyers Face Zero Opponents

FHA Official Predicts ‘Significant Acceleration’ in Manufactured Housing Under New Rules

Meghan Markle and Prince Harry Prepare for First Joint Outing as They Embrace New Life in U.K.

MRK secures $67M construction financing for Fort Lauderdale housing project amid affordable housing crunch

Compson scores city approval for apartments at Boca office complex

Homeowners Keep Seeing Renovation Budgets Change Midproject: What’s Causing the Costly Surprises
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
